Get the Finder app 🥳

Track your credit score

Free

Bank of Sydney Saver Account

Last updated:  

Earn an ongoing 0.8% p.a. on your balance with no monthly deposit conditions to meet.

The Bank of Sydney Saver Account pays an ongoing, variable interest rate of 0.8% p.a. on balances above $5,000. There are no monthly deposit conditions to meet to earn interest, and you can make withdrawals to your linked Bank of Sydney transaction account at any time.

0.8% p.a.

Maximum variable rate

0.8% p.a.

Base interest rate

$1,000

Minimum opening balance

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .

Details

Product NameBank of Sydney BOS Saver
Maximum Variable Rate0.8% p.a.
Standard Variable Rate0.80%
Bonus Variable Rate0.00%
Monthly Account Fee$0
Minimum Opening Deposit$1,000
Minimum Age18

Expert review

Alison Banney

Review by


Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.

Expert review

This is a flexible savings account that pays interest on your balance, while still allowing you to make withdrawals whenever you need to.

Key features

Earn 0.8% p.a. on balances over $5,000

Balances over $5,000 will earn an ongoing variable 0.8% p.a. with no monthly deposit conditions to meet.

Interest calculated daily

Interest is calculated on your balance above $5,000 daily and paid into your account monthly.


How to apply

You can apply for this account online, and you'll get a linked Bank of Sydney transaction account during the same application process.

Eligibility

  • Over 18. You must be at least 18 years of age or older to open this account.
  • Australian resident. You must be an Australian permanent resident or citizen with a verifiable address in Australia.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site